Gryphon Minerals filed an early warning report after receiving a notice from Kanosak Barbados Inc., a wholly-owned subsidiary of Algold Resources , an issuer listed on the TSX Venture Exchange, that it has exercised the option granted to it by Gryphon to acquire Gryphon's Tijirit and Akjoujt exploration licences in Mauritania (permit numbers EL447, EL1117 and EL448), which together are approximately 2,200km2 in size
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